Toyota Pakistan Sold Record-Breaking Vehicles Since 1993 In October 2021

Ins a recent tweet, Toyota said:

"Indus Motor Company is extremely proud to announce another record-breaking month with 7,001 units sold in the month of October 2021 - highest since its inception in 1993.

We are thankful for all our loyal customers who have continuously supported us. #ToyotaPakistan "

Indus Motor Company Ltd posted a profit of Rs5.4 billion for July-September, up 194 per cent from a year ago, a bourse filing said.

The company announced a dividend of Rs34.50 per share along with the result. On a quarterly basis, earnings rose 23pc. Revenue recorded a surge of 92pc year-on-year owing to a 59pc increase in the volume, according to AKD Securities.

The increase in the volume was because of the reduction in prices in view of budgetary measures, which stimulated demand.